About Author Solutions
Author Solutions is a company based in Bloomington (United States) founded in 2007 was acquired by Penguin Random House in July 2012.. Author Solutions has raised $35 million across 4 funding rounds from investors including Penguin Random House and Bertram Capital. The company has 182 employees as of December 31, 2022. Author Solutions has completed 2 acquisitions, including Xlibris and iUniverse. Author Solutions offers products and services including Self-Publishing Services and Imprints and Partnerships.
- Headquarter Bloomington, United States
- Employees 182 as on 31 Dec, 2022
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Email
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Phone
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Website
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Social
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- Legal Name Author Solutions, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$35 M (USD)
in 4 rounds
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Latest Funding Round
$2 M (USD), Series B
Jul 31, 2009
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Investors
Penguin Random House
& 1 more
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Employee Count
182
as on Dec 31, 2022
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Investments & Acquisitions
Xlibris
& 1 more
- Acquired by
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Products & Services of Author Solutions
Author Solutions offers a comprehensive portfolio of products and services, including Self-Publishing Services and Imprints and Partnerships. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Self-publishing services are provided to authors for book development and distribution through technology and alliances.
Imprints and partnerships are offered for wider book access and retail connections across multiple countries.
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Funding Insights of Author Solutions
Author Solutions has successfully raised a total of $35M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $2 million completed in July 2009. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series B — $2.0M
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First Round
First Round
(20 Jan 2009)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2009 | Amount | Series B - Author Solutions | Valuation |
investors |
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| Jul, 2009 | Amount | Series B - Author Solutions | Valuation |
investors |
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| Apr, 2009 | Amount | Series B - Author Solutions | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Author Solutions
Author Solutions has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Penguin Random House and Bertram Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Bertram Capital is focused on private equity investments in lower middle-market companies.
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Founded Year | Domain | Location | |
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Books for children and adults are published and distributed worldwide.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Author Solutions
Author Solutions has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Xlibris and iUniverse. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online accounting services are provided for businesses and professionals.
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1999 | ||||
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Self-publishing services and editorial support are provided to authors.
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1997 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Author Solutions
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Author Solutions Comparisons
Competitors of Author Solutions
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Author Solutions
When was Author Solutions founded?
Author Solutions was founded in 2007 and raised its 1st funding round 2 years after it was founded.
Where is Author Solutions located?
Author Solutions is headquartered in Bloomington, United States. It is registered at Bloomington, Indiana, United States.
Is Author Solutions a funded company?
Author Solutions is a funded company, having raised a total of $35M across 4 funding rounds to date. The company's 1st funding round was a Series B of $1M, raised on Jan 20, 2009.
How many employees does Author Solutions have?
As of Dec 31, 2022, the latest employee count at Author Solutions is 182.
What does Author Solutions do?
Author Solutions was founded in 2007 in Bloomington, United States, as a parent company for AuthorHouse and later acquired iUniverse. Operations focus on the self-publishing sector, with additional imprints including Palibrio, Trafford Publishing, and Xlibris. Services encompass book publishing, promotion, and market distribution for authors. More than 200,000 authors have been supported in producing over 250,000 titles. Ownership shifted from Bertram Capital to Penguin Group in 2012 for 116 million.
What products or services does Author Solutions offer?
Author Solutions offers Self-Publishing Services and Imprints and Partnerships.
How many acquisitions has Author Solutions made?
Who are Author Solutions's investors?
Author Solutions has 2 investors. Key investors include Penguin Random House, and Bertram Capital.
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